Monero About To Enter Major Support Zone

By Oligon | structure_trading | 5 Jul 2019

Monero is about to enter a major support zone between $73 and $82. Although is currently reacting to a minor demand level, I would expect price to touch the support zone and bounce higher short after. Target would be the next major structure resistance at $101. If then price decides to range around there, we would also have a huge head and shoulders pattern, so it’s really a breaking point for what will happen next.

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